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390770 (Harmonized System 2007 for 6-digit)

2023
World Trade $451MRnk 3123 / 5026
2023
Top Exporter | Top Importer $166M | $84.8MUnited States | China
2023
Product Complexity 1.03Rnk 811 / 5035
2022 - 2023
Export Growth (CAGR) -31.8%Rnk 4653 / 5026
2023
Share of World Trade 0.002%Rnk 3123 / 5026

About

Overview This page contains the latest trade data of Polylactic acid. In 2023, Polylactic acid were the world's 3123rd most traded product, with a total trade of $451M. Between 2022 and 2023 the exports of Polylactic acid decreased by -31.8%, from $661M to $451M. Trade in Polylactic acid represent 0.002% of total world trade.

Polylactic acid are a part of Polyacetals, other polyethers and epoxide resins, in primary forms; polycarbonates, alkyd resins,....

Exports In 2023 the top exporters of Polylactic acid  were United States ($166M), Netherlands ($102M), Thailand ($91.1M), China ($31.9M), and Germany ($28M).

Imports In 2023 the top importers of Polylactic acid were China ($84.8M), Netherlands ($66.1M), Italy ($56.3M), Germany ($38.1M), and Chinese Taipei ($29M).

Ranking Polylactic acid ranks 811th in the Product Complexity Index (PCI).

Latest Trends

Latest Data

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Y-AXIS SCALE

The following visualization shows the latest trends on Polylactic acid. Countries are shown based on data availability.

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

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* Trade values are converted to USD using each month's exchange rate. For December 2023 data, the exchange rate from December 30, 2023 is used.

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Historical Data

Exporters and Importers

Top Origin (2023)United States$166M
Top Destination (2023)China$84.8M

In 2023 Polylactic acid were the world's 3123rd most traded product (out of 5,026).

In 2023, the top exporters of Polylactic acid were United States ($166M), Netherlands ($102M), Thailand ($91.1M), China ($31.9M), and Germany ($28M).

In 2023, the top importers of Polylactic acid were China ($84.8M), Netherlands ($66.1M), Italy ($56.3M), Germany ($38.1M), and Chinese Taipei ($29M).

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Exporters of Polylactic acid (2023)
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Importers of Polylactic acid (2023)
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Market Dynamics

Color
Top Origin Growth (2022 -  2023)France$2.56M
Top Destination Growth (2022 -  2023)China$23.2M

Between 2022 and 2023, the exports of Polylactic acid grew the fastest in France ($2.56M), Greece ($1.74M), South Korea ($955k), Oman ($398k), and Hong Kong ($265k).

Between 2022 and 2023, the fastest growing importers of Polylactic acid were China ($23.2M), France ($7.34M), Vietnam ($3.28M), Croatia ($2.92M), and India ($2.74M).

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Exporters of Polylactic acid (2022 - 2023)

Importers of Polylactic acid (2022 - 2023)

Market Concentration

Value

This chart shows the evolution of the market concentration of exports of Polylactic acid.

In 2023, market concentration measured using Shannon Entropy, was 2.56. This means that most of the exports of Polylactic acid are explained by 5 countries.

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Value of Exports in Polylactic acid

Net Trade

TOP NET EXPORTER (2023)United States$154M
TOP NET IMPORTER (2023)Italy$54.3M

This map shows which countries export or import more of Polylactic acid. Each country is colored based on the difference in exports and imports of Polylactic acid during 2023.

In 2023, the countries that had a largest trade value in exports than in imports of Polylactic acid were United States ($154M), Thailand ($87.6M), Netherlands ($36.3M), Greece ($1.4M), and Oman ($160k).

In 2023, the countries that had a largest trade value in imports than in exports of Polylactic acid were Italy ($54.3M), China ($52.9M), Chinese Taipei ($27.4M), South Korea ($16.3M), and India ($11.4M).

Net Trade (2023)

Country Comparison

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Ranking

This visualization shows the countries that have an important ratio of their trade related to Polylactic acid.
It is possible to select the main countries that export or import Polylactic acid in the world, or by continent, as well as select the measure of interest.

Top 10 Exporters Countries of Polylactic acid by percentage of total exports

Product Complexity

Diversification Frontier

Specialization

The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.

Relatedness vs Country Complexity (2023)

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